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Savings Growth Projections Over 20 Years

This document shows the growth of an initial $100 investment over 20 years at 10% and 15% annual growth rates. It also shows the yearly savings and cumulative savings from investing at 15% rather than 10% each year. By year 20, the investment would be $672.75 at 10% growth but $1,636.65 at 15% growth, for a savings of $152.32 that year and total cumulative savings of $963.90 over the 20 years.

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lawyerpat2000
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14 views1 page

Savings Growth Projections Over 20 Years

This document shows the growth of an initial $100 investment over 20 years at 10% and 15% annual growth rates. It also shows the yearly savings and cumulative savings from investing at 15% rather than 10% each year. By year 20, the investment would be $672.75 at 10% growth but $1,636.65 at 15% growth, for a savings of $152.32 that year and total cumulative savings of $963.90 over the 20 years.

Uploaded by

lawyerpat2000
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Year Zero = $100

Year Growth @ 10% Growth @ 15% Yearly Savings Cumulative Savings


1 $110.00 $115.00 5 $5.00
2 $121.00 $132.25 $6.25 $11.25
3 $133.10 $152.09 $7.74 $18.99
4 $146.41 $174.90 $9.50 $28.49
5 $161.05 $201.14 $11.59 $40.08
6 $177.16 $231.31 $14.07 $54.15
7 $194.87 $266.00 $16.98 $71.13
8 $214.36 $305.90 $20.41 $91.54
9 $235.79 $351.79 $24.45 $115.99
10 $259.37 $404.56 $29.19 $145.18
11 $285.31 $465.24 $34.75 $179.93
12 $313.84 $535.03 $41.25 $221.18
13 $345.23 $615.28 $48.87 $270.05
14 $379.75 $707.57 $57.77 $327.82
15 $417.72 $813.71 $68.16 $395.98
16 $459.50 $935.76 $80.28 $476.26
17 $505.45 $1,076.13 $94.41 $570.68
18 $555.99 $1,237.55 $110.87 $681.55
19 $611.59 $1,423.18 $130.03 $811.59
20 $672.75 $1,636.65 $152.32 $963.90

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